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Investors boosted stakes in Arch Capital Group, an insurer missing earnings targets, valued at $33.85 billion.
RBA Wealth Management and Strid Group LLC increased their holdings in Arch Capital Group Ltd., an insurance provider, during the first quarter of 2021.
Arch Capital Group reported a $1.54 earnings per share, below analysts' expectations, with revenue of $4.52 billion.
Despite the miss, the company has a market cap of $33.85 billion, a P/E ratio of 9.25, and is rated a "Moderate Buy" with a price target of $114.63.
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Los inversores aumentaron las participaciones en Arch Capital Group, una aseguradora que no alcanzó los objetivos de ganancias, valorados en 33.850 millones de dólares.